Indian telcos' revenue likely to reach $63 billion by 2026, 5G and 4G to play instrumental role

NEW DELHI: Indian telecom operators' revenues from traditional services are likely to grow from $37 billion to $63 billion in India by the 2026 due to population growth, increased penetration and high GDP growth, Swedish telecom gear maker Ericsson said on Tuesday.

Furthermore, 5G enabled industry revenue potential for operators can potentially add some incremental 20 per cent (or $13 billion) on top of the $63 billion if they take up roles beyond being Connectivity and infrastructure providers to become service enablers and service creators.
It added 5G-enabled digitization revenues in India will be $25.9 billion by 2026.


The largest opportunity will be seen in sectors like manufacturing, energy and utilities followed by public safety and health sectors.
Some of the 5G use cases that could be implemented using the unique features of 5G technology include industrial control and automation, autonomous driving, safety and traffic efficiency services, hospital applications and medical data management amongst others.

"As 5G becomes increasingly integral to industrial businesses and digitalization, we see a clear growth in the opportunity for new 5G-enabled revenues. To capture this value, investments in networks, business development, go-to-market models and organizational adaptation is required," Paolo Colella, Head of Region India, Ericsson said in a statement.

"We have recently introduced our 5G platform to support the beginning of a huge change in network capabilities, allowing our customers to offer more advanced use cases and new business models to their customers. Ericsson has also announced 5G plug-ins – software-driven innovations that bring essential 5G technology concepts to today's cellular networks," Colella added.

The gear maker also launched its 5G ready Radio Solutions for the Indian market.